838 Queenston Road, Cambridge

Price: $984,000

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: X13095924

Welcome to your private backyard oasis and rare 2,600 sq. ft. family home in the heart of Preston. This exceptional Cambridge property offers 4 spacious bedrooms, 2.5 bathrooms, a detached garage, and a resort-style backyard designed for both entertaining and everyday enjoyment. Step outside to your own retreat, complete with an inground heated pool, hot tub, charming pool house, and tranquil koi pond. With rough-in ready for an electric sauna, this outdoor space offers endless potential to create your own spa-like escape. Set on a massive lot in a quiet, mature neighbourhood, this home is perfectly positioned near three elementary schools and Preston High School-making it an ideal choice for growing families. Enjoy the best of both convenience and nature, with quick access to Highway 401, nearby amenities across the Waterloo Region, and scenic trails along the Grand River just minutes away. Inside, the office is a true showpiece, featuring floor-to-ceiling windows that flood the space with natural light and offer stunning views of the backyard-an inspiring setting for remote work, relaxation, or year-round enjoyment. Thoughtfully upgraded, the home includes a newly updated electrical panel, new perimeter fencing, and a dedicated heat pump for the home office-providing comfort and efficiency. Properties that combine this level of space, privacy, location, and lifestyle amenities are rarely offered. This is a truly unique opportunity to own a home that feels like a year-round getaway.

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$984,000 - 838 Queenston Road, Cambridge

Detached for Sale in Cambridge

61 days on market
4Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
X13095924
Property Type
Detached
Status
active
Days on Site
61
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Cambridge
Listing Brokerage
ROYAL LEPAGE RCR REALTY
Description

Welcome to your private backyard oasis and rare 2,600 sq. ft. family home in the heart of Preston. This exceptional Cambridge property offers 4 spacious bedrooms, 2.5 bathrooms, a detached garage, and a resort-style backyard designed for both entertaining and everyday enjoyment. Step outside to your own retreat, complete with an inground heated pool, hot tub, charming pool house, and tranquil koi pond. With rough-in ready for an electric sauna, this outdoor space offers endless potential to create your own spa-like escape. Set on a massive lot in a quiet, mature neighbourhood, this home is perfectly positioned near three elementary schools and Preston High School-making it an ideal choice for growing families. Enjoy the best of both convenience and nature, with quick access to Highway 401, nearby amenities across the Waterloo Region, and scenic trails along the Grand River just minutes away. Inside, the office is a true showpiece, featuring floor-to-ceiling windows that flood the space with natural light and offer stunning views of the backyard-an inspiring setting for remote work, relaxation, or year-round enjoyment. Thoughtfully upgraded, the home includes a newly updated electrical panel, new perimeter fencing, and a dedicated heat pump for the home office-providing comfort and efficiency. Properties that combine this level of space, privacy, location, and lifestyle amenities are rarely offered. This is a truly unique opportunity to own a home that feels like a year-round getaway.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,048.43/mo

Includes CMHC insurance ($27,454)

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5-yr fixed avg.

Principal: $885,600Interest: $601,475
Mortgage Amount$913,054
Total Interest$601,475
Est. Property Tax$697/mo
Total Cost$1,514,529

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Cambridge

Discover Cambridge

Cambridge is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Cambridge

  • Convenient location in Cambridge
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Cambridge offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

838 Queenston Road, Cambridge

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$697
Insurance (est.)-$205
Net Cash Flow+$2,648

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $394/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 61 days on site, this property has exceeded the typical selling timeline for Cambridge. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Cambridge are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Cambridge. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Cambridge properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,100 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    838 Queenston Road, Cambridge | $984,000 | Battaglia Team